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38. If you invest $23010.00 at an interest rate of 2.90% per year compounded semi-annually, what will the total value of your investment be

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38. If you invest $23010.00 at an interest rate of 2.90% per year compounded semi-annually, what will the total value of your investment be after 9 years? Hint: use compound interest formula a. $29801.62 b. $29816.29 C. $23853.03 d. $35779.54

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